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In those, some lenders offered universities an incentive to steer potential borrowers their way.
Hence, even without the incentive to steer authors toward the revenue-producing gold option, suitable green options will be rare.
The plaintiffs also note that Goldman had a powerful incentive to steer the process toward a sale of El Paso at a low price.
That prior investigation found instances of lenders offering various perks to aid officials and to colleges as an incentive to steer students to particular lending companies.
Advocates for borrowers say a similar requirement is needed nationally because brokers have a financial incentive to steer borrowers toward higher-cost loans.
But be aware that brokers often receive commissions from franchise chains for signing up new franchisees and thus may have an incentive to steer you to certain companies.
Similar(44)
They don't want financial services pressuring them or offering incentives to steer them in any particular direction.
Given all those various incentives to steer the narrative in one direction or another, it's best to see this less as a simple story of what happened than as a narrative constructed out of facts, accusations, and political imperatives.
I'd go even further than he does and call for government and university incentives to steer students into the fields of studies that will serve them and society best.
But there can be no real reform as long as mortgage brokers can be offered kickbacks and other incentives to steer often naïve borrowers into loans that put them at risk the moment they sign the papers.
With this year's news about the ways some unscrupulous colleges make an extra buck off students' naïveté — from loan officers who accepted lenders' kickbacks to schools that got cash incentives to steer students to expensive study-abroad programs — I felt it was expedient to warn my daughter about a big expense that looms before her.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com